Leslie Wexner announced on Thursday that he will step down as CEO and chairman of L Brands, an empire he founded in 1963. L Brands flagship Victoria’s Secret will be sold to a private equity firm.
Changes at the top come amid damaging headlines connecting Wexner with accused child sex trafficker Jeffery Epstein, an in-depth New York Times piece about a culture of misogyny at Victoria’s Secret, and flagging revenues.
Today on All Sides with Ann Fisher: How Wexner’s vision and business savvy reshaped the retail landscape – and his hometown of Columbus.
Guests:
- Sapna Maheshwari, retail reporter, The New York Times
- Mike Curtain, former editor and associate publisher of The Columbus Dispatch.
- Doug Buchanan, editor in chief, Columbus Business First
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